Trump defends tariffs as China escalates trade tensions

In recent days, President Donald Trump has defended his ongoing tariff policy, even as tensions between the United States and China escalate. Trump's tariff policies have been a significant aspect of his administration's economic strategy. As a result of these tariffs, China has retaliated by raising tariffs on American goods to an unprecedented 125%, which has raised concerns among U.S. businesses and consumers regarding potential economic repercussions. The Federal Reserve has indicated its preparedness to intervene in financial markets should the trade war intensify further. This escalation has impacted Trump’s approval ratings, as it has been linked to negative consumer sentiment and increased market volatility. In addition to defending tariffs, Trump has faced scrutiny from Democrats, who are calling for investigations into possible insider trading and market manipulation related to Trump's economic policies. The political climate surrounding tariffs has become increasingly polarized, further complicating Trump's position as he seeks to stabilize American markets. Trade talks between the two nations have been tense, with China declaring it would ignore any further tariff increases from the U.S., labeling them